MasterCard appointed new country head for Indochina

Corró will be based in Ho Chi Minh City, Vietnam and will be reporting to president, South East and South Asia, MasterCard Worldwide.

“Vietnam is an important market for MasterCard, and we are delighted to have a person with in-depth knowledge and understanding of the payments business to head the markets in Indochina,” said Ajay Bhalla, president, South-East and South Asia, MasterCard Worldwide.

As country head and chief representative for Indochina, Corró will be responsible for exploring new business opportunities for the region. Further, he will also be involved in developing, driving and implementing market strategy across the region. At the same time, he will oversee business development and promotion as well as ensure efficient delivery for all MasterCard’s consumers.

Before joining MasterCard, Corró also held critical multiple roles during his engagement with Standard Chartered and with Citibank in the Philippines.

As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide.

In 2009, $2.5 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 22 billion transactions each year, has the capacity to handle 140 million transactions per hour, with an average network response time of 140 milliseconds and with 99.99 percent reliability.